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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 of the
Securities Exchange Act of 1934
Date of Earliest Event Reported: October 25, 1994
NEW ENGLAND ELECTRIC SYSTEM
(exact name of registrant as specified in charter)
Massachusetts 1-3446 04-1663060
(state or other (Commission (I.R.S. Employer
jurisdiction of File No.) Identification No.)
organization)
25 Research Drive, Westborough, Massachusetts 01582
(Address of principal executive offices)
(508) 366-9011
(Registrant's telephone number, including area code)
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Item 5. Other Events
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New England Power Company (NEP), a subsidiary of New England
Electric System, has been sued by Milford Power Limited
Partnership (MPLP) in the Superior Court for Worcester County,
Massachusetts. MPLP, a venture formed by Enron Corporation, owns
a 149 MW gas-fired power plant in Milford, Massachusetts. NEP
purchases 56% of the power output of the facility under a long-
term contract with MPLP. The suit alleges that NEP has engaged
in a scheme to cause MPLP and its power plant to fail and has
prevented MPLP from finding a long-term buyer for the remaining
44% of the facility's output. The complaint includes allegations
that NEP has violated the Federal Racketeer Influenced and
Corrupt Organizations Act, engaged in unfair or deceptive acts in
trade or commerce, and breached contracts. MPLP seeks
compensatory damages in an unspecified amount, as well as treble
damages. NEP believes that the allegations of wrongdoing are
without merit.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this Current Report on
Form 8-K to be signed on its behalf by the undersigned thereunto
duly authorized.
NEW ENGLAND ELECTRIC SYSTEM
s/ Alfred D. Houston
By _________________________
Alfred D. Houston
Executive Vice President and
Chief Financial Officer
Date: October 27, 1994
The name "New England Electric System" means the trustee or
trustees for the time being (as trustee or trustees but not
personally) under an agreement and declaration of trust dated
January 2, 1926, as amended, which is hereby referred to, and a
copy of which as amended has been filed with the Secretary of the
Commonwealth of Massachusetts. Any agreement, obligation, or
liability made, entered into or incurred by or on behalf of New
England Electric System binds only its trust estate, and no
shareholder, director, trustee, officer or agent thereof assumes
or shall be held to any liability therefor.
